At 12.3% CAGR, Network Probe Market Size Set to Register 1 billion USD by 2027

A comprehensive research study on Network Probe market added on Market Study Report provides insights into the market size and growth trends of this industry over the forecast timeline. The study evaluates key aspects of Network Probe market in terms of the demand landscape, driving factors and growth strategies adopted by market players.

Global Network Probe Market to reach USD 1 billion by 2027. Global Network Probe Market is valued at approximately USD 0.45 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 12.3% over the forecast period 2021-2027.

Device interconnection and virtualization technology have grown rapidly as a result of the increased usage of modern technologies. As a result, the number of cyber-attacks and security breaches has increased dramatically, necessitating the development of a proper network performance and security testing system. As a result, businesses have begun to use network probes to gain a better understanding of their network architecture.

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Major market player included in this report are:

  • Broadcom
  • Ericsson
  • NEC Corporation
  • Amdocs
  • NETSCOUT
  • Accenture
  • Huawei
  • Centina
  • Arris International Limited
  • Enghouse Networks

Network probe solutions protect both wired and wireless networks, as well as the entire network, lowering the risk of cyber assaults. Small and medium-sized businesses (SMEs) are adopting new technologies such as cloud, artificial intelligence (AI), software defined networking (SDN), and the Internet of Things (IoT) to boost overall productivity.

They’re also using Network Probe solutions to control and run their networks more efficiently. Attacks on network security, increased labour efficiency, and cheaper costs are all driving drivers for network probe tool use. As a result, SMEs would provide new prospects for network probe vendors. However, Lack of technical granularity may impede market growth over the forecast period of 2021-2027.

The regional analysis of the global Network Probe Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World (ROW). North America is the leading region across the world in terms of market share due rise in the number of cyber-attacks such as malware, virus, and DoS on enterprise networks in the region. Whereas Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to growth in the amount of data traffic within organization networks

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study.

Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Operator Typeofferings of key players.

The detailed segments and sub-segment of the market are explained below:

By Solution:

Products

Services

By Operator Type:

Mobile Operator

Fixed Operator

By Deployment mode:

On-Premises

Cloud

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018-19

Base year – 2019-2020

Forecast period – 2021 to 2027.

Target Audience of the Global Network Probe Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Full Report Summary At: https://www.marketstudyreport.com/reports/global-network-probe-market-size-research?utm_source=marketwatch.com&utm_medium=AG

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